Shi Dashenghua: The holding subsidiary plans to acquire a 49% equity stake in a holding subsidiary for 226 million yuan.

Shi Dashinghua's announcement: ENCHEM CO., LTD. intends to transfer 49% of the equity held by its controlled subsidiary, Dongying Shi Dashinghua New Energy Co., Ltd., to Shenghua New Energy Technology Co., Ltd. The transfer price is based on the net asset value as of December 31, 2025, with the lower of the book net asset value and the evaluated net asset value from the valuation agency as the pricing basis. The determined transfer price for this equity transfer is RMB 226 million. After the transaction is completed, Shenghua New Energy Technology will hold 100% of the equity of the new energy company.